A little more than a month after theWall Street Journalreported that Airbnb was in talks to buy HotelTonight , the two have seal the deal on an learning .
Airbnb announced Thursday that it had gobbled up the last - minute bookings overhaul as its recent step in building an end - to - death change of location platform , a move that advances its in - house offerings on the hotel front ( though it does already offer some hotel accommodations ) .
The Journal previously reported that Airbnb was research the learning but also considering organize its own direct competitor to the hotel booking servicing . The idea , the Journal said , was to further its offerings in guild to position Airbnb as a more lineal challenger tofull - service booking outfits .
The company said as much in apress releaseabout the attainment , specifically foreground the power to find accommodation for its users when Airbnb homes in a give area are fully booked . But if there was any question of whether HotelTonight would fit out the mold for Airbnb ’s bespoke vibration and focus onexperiences and community — an issue the Journal antecedently reported was a concern among Airbnb ’s direction — its cobalt - founder and CEO Brian Chesky seems to think it will .
“ Working with the incredible team at HotelTonight , we will offer up guests an unique last - instant travel experience that cater unique , memorable cordial reception on every trip , on any schedule , at any time , ” Chesky said in astatementthis workweek . The service will focus specifically on independent and boutique hotels , HotelTonight co - founding father and CEO Sam Shank said . The deal ’s price shred was n’t disclosed Thursday .
The initiative to expand its offerings come as Airbnb is thought to be considering its initial public offer . Chesky has beennotably coyabout an IPO arriving in 2019 . And citing sources familiar with the matter , theJournalreported Thursday that the IPO is more likely to come next year .
In any consequence , maybe that ’ll give it plenty of time to cypher out whatever the blaze is going on with those goddamnhiddencameras .
[ Airbnb ]
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